View Cart (0 items)

K + S acquires Morton for $1.68 billion

September 28, 2009
/ Print / Reprints /
| Share More
/ Text Size+
WASHINGTON - On Friday, the U.S. Federal Trade Commission cleared K+S AG''s (KPLUF) acquisition of Morton Salt from Dow Chemical Co., according to an article posted on Dow Jones Newswires.
According to the article, with the $1.68 billion acquisition K+S has plans to leverage Morton''s familiar "umbrella girl" brand to expand its salt business in North America.
As part of government approval, the agency required K+S'' U.S. subsidiary to sell its bulk de-icing salt assets in Maine and Connecticut, the story stated.
Click here to read the complete article.
For related information, click here.
You must login or register in order to post a comment.